Bitcoin Holding Strong 💪 – Is the Next Big Move Loading? 🚀
koinmilyoner
Updated at: 2 hours ago
{"content":"Bitcoin Holding Strong 💪 – Is the Next Big Move Loading? 🚀
Bitcoin price shows promise over $115,000. BTC is stabilizing and might surge if it breaks $116,500.
Bitcoin rose beyond $115,000 again.
The price is reaching $115,000 and the 100-hour SMA.
The hourly BTC/USD chart shows a negative trend line with resistance at $116,000.
If it breaks $116,200, the pair may rise again.
Bitcoin Prices Hold Gains
Bitcoin began rising beyond $112,500. BTC broke $113,500 and $114,200 barrier.
Bulls broke beyond $115,000 and $116,000. The price reached $116,743 and is consolidating. Below $116,000, prices fell somewhat. Price dropped below the 23.6% Fib retracement line of the latest advance from $110,815 swing low to $116,743 high.
Bitcoin is around $115,000 and the 100-hour SMA. The hourly BTC/USD chart shows a negative trend line with resistance at $116,000.
Close to $116,000 is immediate upward barrier. First major resistance is at $116,200. The next hurdle may be $116,750. A closing over $116,750 resistance might boost prices. The price may increase to $117,500 resistance. More advances might push the price toward $118,500. Bulls may face $118,800 next.
Another BTC Drop?
Bitcoin may fall again if it fails to break $116,200. Near $114,900 is immediate support. The first key support is at $113,750, the 50% Fib level of the current rise from $110,815 swing low to $116,743 high.
The next support is at $113,000. More losses might push the price toward $112,500. BTC may fall severely below $110,500, the primary support.
The technical indications
Hourly MACD | MACD is falling in the positive zone.
Relative Strength Index hourly BTC/USD RSI is below 50.
Major Support Levels: $115,000, $113,750.
Key Resistance Levels: $116,200, $116,500.
#AltcoinSeasonComing? #MarketRebound #BTC #FedRateCutExpectations #SECReviewsCryptoETFS $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/15/0541e13237ff4575bcce766a53d60573.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}